A-Mark Precious Metals Maintains $0.07 per Share Quarterly Dividend for the Fiscal First Quarter of 2017

Published 8:00 AM ET Fri, 4 Nov 2016
Globe Newswire

SANTA MONICA, Calif., Nov. 04, 2016 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc.(NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, has maintained the company’s regular quarterly cash dividend of $0.07 per share. The cash dividend will be paid on or about December 1, 2016 to all stockholders of record as of November 14, 2016.

About A-Mark Precious MetalsA-Mark Precious Metals, Inc. is a full-service precious metals trading company and an official distributor for many government mints throughout the world. The company offers gold, silver, platinum and palladium in the form of bars, plates, powder, wafers, grain, ingots and coins. Its Industrial unit services manufacturers and fabricators of products utilizing or incorporating precious metals, while its Coin & Bar unit deals in over 200 coin and bar products in a variety of weights, shapes and sizes for distribution to dealers and other qualified purchasers. The company operates trading centers in Santa Monica, California, and Vienna, Austria, for buying and selling precious metals.

In addition to wholesale and trading activity, A-Mark offers customers a variety of services, including financing, consignment and various customized financial programs. As a U.S. Mint-authorized purchaser of gold, silver and platinum coins, A-Mark purchases bullion products directly from the U.S. Mint for sale to customers. A-Mark also has distributorships with other sovereign mints, including in Australia, Austria, Canada, China, Mexico and South Africa. Customers of A Mark include mints, manufacturers and fabricators, refiners, coin and metal dealers, banks and other financial institutions, jewelers, investors and collectors. For more information about A-Mark Precious Metals, visit www.amark.com.

Through its subsidiary Collateral Finance Corporation, a licensed California Finance Lender, the company offers loans collateralized by numismatic and semi-numismatic coins and bullion to coin and metal dealers, investors and collectors. Through its Transcontinental Depository Services subsidiary, it offers a variety of managed storage options for precious metals products to financial institutions, dealers, investors and collectors around the world. Through its A-M Global Logistics subsidiary, the company provides its customers an array of complementary services, including storage, shipping, handling, receiving, processing, and inventorying of precious metals and custom coins on a secure basis.

A-Mark holds a majority stake in Indiana-based SilverTowne Mint, a leading producer of fabricated silver bars and rounds, as well as other non-precious metals. Built around the SilverTowne brand, the company produces a range of products that are among the most highly regarded in the industry. For more information about SilverTowne Mint, please visit www.silvertownemint.com.